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Updated about 4 years ago on . Most recent reply

18 Year Old New to RE
Hi! My names JT Marting, and i'm an 18 year old high schooler in the Cleveland area. I've been listening to the BP podcast for a little while now, and am trying my best to start actually executing in RE. I'm starting to understand how to run numbers on a property and what's important, and have even made my own calculator to see if a rental is a good deal. The aspect i'm pretty lost on though is actually walking properties and understanding the rehab side, as well as just closing a deal, as i've never actually been involved in a purchase. Is there anyone who'd be willing to hop on a call and give me some tips? Anything would defiantly help at this point. Thanks !
Most Popular Reply

What's going on JT, Not sure what your goals are but repetition is key. Buy something that cashflows positive and don't overwhelm yourself with that "Knockout" deal. In my area I shoot for a 20%-30% return on 3 bedroom single families or duplexes. If the numbers don't work create an offer that works and shoot your shot! GOOD LUCK!!!